Bitmine Adds 12,532 ETH as Tom Lee Predicts Record Bull Market
Bitmine has added another 12,532 ETH, bringing its total holdings to 6.03 million ETH, worth around $15.3 billion.
The company now holds roughly 4.9% of Ethereum’s circulating supply, with 5.07 million ETH already staked through its MAVAN platform and staking partners.
Bitmine estimates annualised staking revenue of $336 million, potentially rising to $400 million once its entire ETH treasury is staked.
Chairman Tom Lee believes tokenisation, AI and corporate crypto treasuries absorbing market supply could fuel what he calls the largest crypto bull market ever.
Ledger Confirms Spy Implants in CryptoBilis Wallets as MediaMarkt Halts Sales
Ledger’s security team has confirmed that hardware wallets sold through CryptoBilis contained unauthorised LTE implants designed to capture users’ 24-word recovery phrases during setup and transmit them remotely.
The implants reportedly do not alter Ledger’s operating system, Secure Element or transaction signatures. Ledger says there is no evidence its own infrastructure was compromised, while the reported losses of more than $86 million remain unverified.
Meanwhile, MediaMarkt Saturn has suspended Ledger sales across Europe after a customer in Germany reported a tampered device. Trezor has removed CryptoBilis from its reseller network, while OneKey is offering free replacements for its devices purchased through the reseller between March 1 and October 13.
Binance to Shut Down Mining Pool and Cloud Mining Services
Binance will discontinue Binance Pool, Cloud Mining, Pool Savings and Transaction Accelerator on November 10 at 7 AM UTC.
Users must move their mining equipment to another pool before the deadline and redeem any active Pool Savings positions. Mining shares submitted after the cutoff will no longer be credited, and eligible outstanding rewards will be settled under the applicable terms.
The move comes as Binance expands beyond crypto trading, with plans for U.S. stock options and the global rollout of its AI-powered trading interface.
Strategy Adds Another 250 BTC, Holdings Reach 848,250 BTC
Michael Saylor’s Strategy has bought another 250 BTC for $21.5 million at an average price of $86,194 per bitcoin.
The latest purchase brings its total holdings to 848,250 BTC, worth around $70.6 billion. Strategy has spent approximately $64 billion accumulating bitcoin at an average cost of $75,444 per BTC.
The company now holds more than 4% of Bitcoin’s 21 million supply cap, with around $6.6 billion in paper gains at current prices.
“There’s always room for more orange,” Saylor posted ahead of the latest purchase announcement.
China Orders Creation of National Blockchain Network
China has introduced 19 policy measures to develop a national blockchain network, integrating the technology into manufacturing, banking and data sharing as part of a broader push to connect its digital and real economies.
The guidelines also address data ownership, cross-border data flows and digital infrastructure, with the initiative focused on state-led blockchain applications rather than public cryptocurrencies.
XRP Ledger Fixed a Bug That Could Have Created Unlimited XRP
The XRP Ledger patched a decade-old vulnerability that could have let attackers create spendable XRP beyond its fixed 100 billion supply through a single crafted payment.
The flaw involved an integer overflow that could bypass checks designed to prevent new XRP from being created.
RippleX confirmed the exploit was possible, but found no evidence it was used on a public network. The emergency fix went live on September 25, weeks before the vulnerability was publicly disclosed on October 9.
No XRP was actually minted.
bStocks launched just a few months ago and it already holds around a quarter of the tokenized stock market.
Tokenized stocks were at $678M at the start of 2026. By September, that had reached $3.15B, more than 4x in nine months, per The Block Research.
@binance launched bStocks on June 11. Three months later, it was sitting at around $800M.
The volume backs it up too. $35.8B in cumulative trading volume, with about 70% of it happening on-chain.
Since September 21, bStocks can also be used as collateral across eligible margin accounts, and users can run basis strategies alongside Binance’s equity perps on the same venue.
The audience was already there as well. Tokenized stock holders hit 3.77M by September, around 82% of all RWA holders.
That’s where Binance’s existing setup comes in. It already had the trading users, plus @binanceWallet and @BNBCHAIN connecting them to DeFi. So bStocks plugged into that instead of building distribution from scratch. It helps explain how a June launch took roughly a quarter of a market that grew more than 4x this year.
Putting a stock on-chain is only step one. The real pull comes from what you can do with it after: trade it, use it as collateral and connect it to the wider on-chain economy.
Vitalik Warns Against Rushing Wallet Migrations
Ethereum co-founder Vitalik Buterin says the crypto industry needs to take AI-accelerated threats to cryptography more seriously, but users should not panic and rush to move their funds.
Buterin said keeping assets in addresses that have never signed a transaction can be a good precaution if moving them is easy, while warning that rushed migrations can lead to lost funds.
The warning comes as Ethereum researchers raise concerns that AI could accelerate attacks on cryptography such as ECDSA and lattice-based systems.
Buterin also urged developers to be more conservative with lattice parameters and favour hash-based cryptography where possible.
Solana’s Orca and Loopscale Merge as Formation
Solana-based DEX @orca_so and lending platform @Loopscale have merged under the new name @Formation_so, with Loopscale co-founder Luke Truitt as CEO.
The combined platform will bring Orca’s trading infrastructure together with Loopscale’s lending and investment vaults, aiming to help assets move from issuance to financing and trading.
Formation plans to expand beyond crypto into AI, energy, robotics and defense, with new issuer tools and investment strategies planned over the next 12 months.
Both protocols will remain part of the existing ORCA and xORCA token network, while Formation also aims to eventually connect emerging assets with regulated U.S. capital markets.
$MOO is starting to build some momentum 🐮
LBank is following it now, the account is already close to 700 followers, and there’s quite a bit going on around the meme with Bitcoin stocks, a casino game and even a cartoon series.
They’ve also got an ECA in the TG today at 4PM UTC.
Coinbase Pro Is Coming Back
@coinbase plans to relaunch Coinbase Pro by the end of the year, bringing back its advanced trading platform for spot, futures, perpetuals, options and equities.
Coinbase has also completed its Deribit integration, creating Coinbase Global Exchange and connecting U.S. and international derivatives liquidity.
Eligible traders will soon get access to Deribit-powered options, spot margin and unified portfolios, while U.S. institutional clients can access global derivatives through Coinbase Prime.
Coinbase also plans spot margin with up to 10x leverage on selected major assets.
Tether and Kazakhstan Explore Tenge Stablecoin
Tether, Kazakhstan’s National Bank and the Alatau City Authority have signed an MoU to explore stablecoin development, RWA tokenization and DeFi activity.
The parties will study models for a potential tenge-pegged stablecoin, develop a framework for tokenizing real-world assets and run a pilot in Alatau City.
The agreement is exploratory and non-binding, with no stablecoin issuer, launch date or issuance commitment announced.
They will also conduct workshops and training for Kazakh regulators on stablecoins, reserves and RWA tokenization.
Polymarket Rolls Out V2 Protocol Upgrade
Polymarket has started testing Protocol V2 with production canary markets, replacing its 2019 Gnosis-based framework with a redesigned architecture.
The upgrade uses a single ERC-1155 positions contract, pUSD as collateral, dedicated exchanges for four market types and a new router.
V2 initially supports Binary, Atomic Neg-risk, Incremental Neg-risk and Combinatorial markets, with a new OracleAggregator connecting to UMA, Chainlink and other data sources.
Canary markets will run through October 30, with Polymarket tentatively targeting November 2 for V2 to handle new markets.
I don't talk much about alts on here, but there are still a handful of alt coins I've had strong conviction in for a while now. I won't share much detail about why I hold each one, but I've been buying decent bags over the last couple of months.
$PUMP probably has my highest conviction, largely due to its economic demand, utility, and buyback. $NEAR makes up a good chunk of my bag too. It got a lot of attention lately due to the recent incident but imo it remains one of the most fundamentally undervalued permissionless L1s on the market 🤷🏼♂️. The rest are $LDO, $ASTER, $HYPE, and $LINK, all of which I hold in good, sizeable amounts. I'll keep looking out for more undervalued alts to get in on.
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